Who is on this subjectordered by the date of their first quote here
2 of 2 lanes rest on fewer than 5 quotes and are marked thin. Offsets are days from the middle first-quote date, 8 Oct 2011 — a date, and nothing else. It is not a claim about who reached a view first.
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David Friedberg
3
thin
8 Oct 2011 – 8 Oct 2011
+0 d
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Marc Rowan
2
thin
15 Jul 2021 – 20 Apr 2022
+3568 d
The chronologysourced and dated, oldest first
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David Friedberg
Friedberg states that 70% of businesses are affected by weather annually, representing a $4 trillion opportunity in US GDP.
“So years later when I was at Google, I came back to this idea about sort of all the world's businesses affected by the weather, maybe there is something they can do about it”
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David Friedberg
Friedberg quantifies WeatherBill's addressable market at $6 billion from 160 million acres at $40 per acre.
“There is 160,000,000 acres of corn and soybeans planted just in the Midwest Of The United States. Our product costs $40 an acre. There is $6,000,000,000 of revenue we are going after”
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David Friedberg
Friedberg says WeatherBill targets $6 billion revenue opportunity with 50%+ close rates on farmers.
“Our product costs $40 an acre. There is $6,000,000,000 of revenue we are going after and our close rate is very, very high.”
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Marc Rowan
Rowan says the pool of assets yielding less than 5% is vastly larger than opportunistic credit.
“I like to say it's the pile of assets in the world that yields less than 5% is like this big.”
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Marc Rowan
Rowan sees enormous opportunity in Asia where banks represent 90% of corporate capital versus 25% in the US.
“The banking system is 25% of all corporate capital. In Europe it's 65%. In Asia I think it's 90%.”
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